2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$3,828CURRENT US$
Rnk 132 / 196
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195

About

Netherlands-Sri Lanka Trade: In 2023, Netherlands exported $104M to Sri Lanka. The main products that Netherlands exported to Sri Lanka were Iron Structures ($25.8M), Washing and Bottling Machines ($5.5M), and Industrial Food Preperation Machinery ($4.98M). Over the past 5 years the exports of Netherlands to Sri Lanka have decreased at an annualized rate of 1.96%, from $115M in 2018 to $104M in 2023.

In 2023, Netherlands did not export any services to Sri Lanka.

Sri Lanka-Netherlands Trade: In 2023, Sri Lanka exported $335M to Netherlands. The main products that Sri Lanka exported to Netherlands were Knit Men's Undergarments ($30.3M), Knit T-shirts ($27.2M), and Other Edible Preparations ($27.1M). Over the past 5 years the exports of Sri Lanka to Netherlands have increased at an annualized rate of 6.07%,  from $250M in 2018 to $335M in 2023.

In 2023, Sri Lanka did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $104M to Sri Lanka. The main products exported from Netherlands to Sri Lanka were Iron Structures ($25.8M), Washing and Bottling Machines ($5.5M), and Industrial Food Preperation Machinery ($4.98M). During the last 5 years the exports of Netherlands to Sri Lanka have decreased at an annualized rate of 1.96%, from $115M in 2018 to $104M in 2023.

In 2018, Sri Lanka exported $335M to Netherlands. The main products exported from Sri Lanka to Netherlands were Knit Men's Undergarments ($30.3M), Knit T-shirts ($27.2M), and Other Edible Preparations ($27.1M). During the last 5 years the exports of Sri Lanka to Netherlands have increased at an annualized rate of 6.07%, from $250M in 2023 to $335M in 2018.

Exports from Netherlands (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Sri Lanka
Top Destination
United States$2.98B

This map shows whether countries import more from Netherlands or Sri Lanka. Each country is colored based on the difference in imports they receive from Netherlands and Sri Lanka or the difference in the growth in imports.

In 2023, countries that imported more from Netherlands than Sri Lanka included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Sri Lanka than Netherlands included Maldives ($168M), Syria ($43.4M), and American Samoa ($702k).

Difference in imports from Sri Lanka (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Sri Lanka

Flow
Scale

This chart compares trade between Netherlands and Sri Lanka by product, considering products traded by both, Netherlands and Sri Lanka.

During 2023, Netherlands had a large net trade with Sri Lanka in the exports of Metals ($28.8M), Machines ($19.2M), and Chemical Products ($12.3M).

During 2018, Sri Lanka had a large net trade with Netherlands in the exports of Textiles ($186M), Foodstuffs ($38.5M), and Vegetable Products ($31.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Sri Lanka+$5.31MPackaged Medicaments
Top Product Potential Sri Lanka Netherlands+$10.1MKnit Sweaters

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Sri Lanka. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Sri Lanka. Similarly, a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Sri Lanka (Flag) (2023)

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